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Jim Williamson said litigation funding had evolved into an investment class.
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A deep-dive analysis shows LitFin is not the boogeyman this industry paints it out to be.
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Major insurance industry groups and companies have recently pressed lawmakers to include the provision.
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Marsh McLennan CEO Doyle dubbed legal system abuse a "tax” on US economy.
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Lara approved an interim rate increase for the company just weeks ago.
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The suit, filed in Florida federal court, is Uber’s second Rico case.
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Chubb told insurers to look inward in the fight against LitFin, but insurers are also tied to that industry.
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The documents figure in a potential criminal case against a CCB employee.
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The regulator said further measures could still be passed in this session.
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The panel aimed to highlight “synergies” between insurance and litigation finance.
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Companies often purchase policies with limits far exceeding their actual exposure needs.
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One measure could give regulators greater leeway to deny rate requests.